☣️ Looking at the Bitcoin drawdown, we can see that the drop in percentage terms has already surpassed the COVID-day drop.
❓ Will the drawdown reach the same level as December 3, 2018, with a drop of 84.22%?
📈 If that happens, the price would come in at the 0.382 Fibonacci projection at $10,190.
🎅 And it would be a big coincidence to happen in the same month of December.
📅 Another great coincidence is that the biggest drawdowns happened between the months of November/December/January/March.
🤔 So, theoretically, in the worst case, the fund would be uncovered by March 2023.
Theoretically.
❓ Will the drawdown reach the same level as December 3, 2018, with a drop of 84.22%?
📈 If that happens, the price would come in at the 0.382 Fibonacci projection at $10,190.
🎅 And it would be a big coincidence to happen in the same month of December.
📅 Another great coincidence is that the biggest drawdowns happened between the months of November/December/January/March.
🤔 So, theoretically, in the worst case, the fund would be uncovered by March 2023.
Theoretically.
To contribute to my work:
⚡Bitcoin Lightning: forwardocean64@walletofsatoshi.com
🟠Bitcoin: bc1qv0j28wjsg6l8fdkphkmgfz4f55xpph893q0pdh
🔵PayPal: paypal.com/donate/?hosted_button_id=D9KRKY5HMSL9S
⚡Bitcoin Lightning: forwardocean64@walletofsatoshi.com
🟠Bitcoin: bc1qv0j28wjsg6l8fdkphkmgfz4f55xpph893q0pdh
🔵PayPal: paypal.com/donate/?hosted_button_id=D9KRKY5HMSL9S
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
To contribute to my work:
⚡Bitcoin Lightning: forwardocean64@walletofsatoshi.com
🟠Bitcoin: bc1qv0j28wjsg6l8fdkphkmgfz4f55xpph893q0pdh
🔵PayPal: paypal.com/donate/?hosted_button_id=D9KRKY5HMSL9S
⚡Bitcoin Lightning: forwardocean64@walletofsatoshi.com
🟠Bitcoin: bc1qv0j28wjsg6l8fdkphkmgfz4f55xpph893q0pdh
🔵PayPal: paypal.com/donate/?hosted_button_id=D9KRKY5HMSL9S
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.